Gulf Oil Lubricants India Ltd posts net profit of Rs. 55.33 crores in Q1FY23

Gulf Oil Lubricants India Limited has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 715.6993 crores during the period ended June 30, 2022 as compared to Rs. 650.6568 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 55.3348 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 63.3943 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 11.16 for the period ended June 30, 2022 as compared to Rs. 12.35 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 715.6993 crs	₹650.6568 crs	10.00%
Net Profit	₹55.3348 crs	₹63.3943 crs	-12.71%
EPS	₹11.16	₹12.35	-9.64%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 715.6993 crores during the period ended June 30, 2022 as compared to Rs.428.1651 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.55.3348 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.30.3519 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.11.16 for the period ended June 30, 2022 as compared to Rs.6.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 715.6993 crs	₹428.1651 crs	67.15%
Net Profit	₹55.3348 crs	₹30.3519 crs	82.31%
EPS	₹11.16	₹6.02	85.38%

Shares of Gulf Oil Lubricants India Limited was last trading in BSE at Rs. 441.20 as compared to the previous close of Rs. 438.95. The total number of shares traded during the day was 5442 in over 360 trades.

The stock hit an intraday high of Rs. 446.90 and intraday low of 435.00. The net turnover during the day was Rs. 2386347.00.

Source : Equity Bulls

Keywords

GulfOilLubricantsIndia Q1FY23 ResultUpdate